SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Asset class : Infrastructure

APCRDA receives ET GovTech Gold Award for digital urban planning platform in Amaravati

26 Mar 2026

The Andhra Pradesh Capital Region Development Authority (APCRDA) has been recognised with the ET GovTech Award 2026 (Gold) in New Delhi for its Integrated Digital Urban Planning & Governance Platform. The recognition highlights the authority's efforts in adopting advanced technologies such as digital twin systems and ICT tools to support efficient and transparent urban development in Amaravati. The acknowledgment was received during a recent award event and was also noted as a significant moment coinciding with Ugadi, reinforcing the broader vision of developing Amaravati as a technology-driven and well-planned capital region.Read more

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NHAI fails to attract bidders for INR 18,885 crore highway projects under BOT model

26 Mar 2026

The National Highways Authority of India (NHAI) did not receive any bids for highway projects covering around 912 km, with a total value of about INR 18,885 crore, under the build-operate-transfer (BOT) model. The move was part of efforts to bring back private sector participation in road development. However, developers stayed away due to concerns around traffic uncertainty, financial risks, and project viability. The outcome shows that despite policy support, private players remain cautious about investing in BOT-based highway projects.Read more

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Delhi budget 2026–27 outlines INR 1.03 lakh crore outlay with focus on infrastructure and green initiatives

26 Mar 2026

Delhi Chief Minister and Finance Minister Rekha Gupta presented the 2026-27 budget with a total outlay of around INR 1,03,700 crore, positioning it as a & green budget focused on infrastructure, connectivity, and urban development. The government projected tax revenue of INR 74,000 crore and significant allocations across sectors, including public works, power, water management, and municipal support. Key announcements included road upgrades, flyover expansion, dust-free road initiatives, and strengthened firefighting systems. The budget also emphasized development in trans-Yamuna areas and industrial zones.Read more

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Delhi approves INR 3,700 crore payment to clear long-pending dues for eastern and western peripheral expressways

Delhi News Desk

26 Mar 2026

The Delhi government has approved the release of INR 3,700 crore towards its pending share of land acquisition costs for the Eastern and Western Peripheral Expressways, resolving a long-standing financial obligation linked to the projects. The cabinet-cleared proposal provides for phased payments, including an initial INR 500 crore in the current financial cycle, with the balance to be disbursed over subsequent years. The expressways, operational since 2018, form a 270-km ring corridor around the capital and are designed to divert non-destined heavy traffic away from Delhi. The decision is expected to improve coordination with central agencies, support infrastructure funding, and reinforce the role of these corridors in easing congestion and reducing vehicular pollution.Read more

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Octave selected as asset management platform for Pune Metro Line 3 by Keolis India

26 Mar 2026

Octave, a potential software spin-off from Hexagon AB, announced that Keolis India Pvt. Ltd. has chosen its Attune Enterprise Asset Management (EAM) platform for Pune Metro Line 3. The metro line, currently under construction, spans 23 km with 23 stations and is expected to improve connectivity between Shivajinagar and Hinjewadi while easing congestion. The platform will manage the full asset lifecycle, support maintenance, and integrate with enterprise systems through a SaaS model, including generative AI capabilities.Read more

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Delhi introduces QR-based feedback system on road projects to improve transparency and monitoring

Delhi News Desk

26 Mar 2026

The Delhi Public Works Department (PWD) has introduced a QR code-based system to enable citizens to access project details and provide feedback on road construction and maintenance works across the city. Display boards with QR and bar codes are being installed on roads undergoing strengthening and recarpeting, offering information such as project cost, contractor details, road length and defect liability period. The initiative mandates installation of boards within seven days of project completion at prominent locations. Citizens can also submit complaints and suggestions directly through the system. The move is aimed at improving transparency, accountability and public participation in infrastructure delivery, supported by a compliance framework requiring regular updates and monitoring.Read more

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Delhi Metro Phase III to improve interchange connectivity with new FOBs and ramps

Delhi News Desk

26 Mar 2026

Delhi Metro Rail Corporation, the operator of Delhi Metro Rail Corporation, is implementing upgrades across Phase III to improve interchange station connectivity. As part of this plan, 14 interchange stations will be equipped with foot overbridges (FOBs) and ramps to make transfers between lines smoother and more accessible. The initiative focuses on reducing walking distances, improving passenger flow, and supporting elderly and differently-abled commuters. The design follows earlier metro integration practices where multiple lines were connected through structured pedestrian links, escalators, and lifts for better commuter convenience.Read more

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Tata Power moves ahead with Mundra plant revival after signing fresh PPAs

26 Mar 2026

Tata Power has moved a step closer to reviving operations at its Mundra Ultra Mega Power Project in Gujarat by signing a supplementary power purchase agreement with Gujarat Urja Vikas Nigam Ltd (GUVNL). The company also plans similar agreements with Maharashtra, Rajasthan, Punjab, and Haryana. The plant had been shut since July 2025 due to financial losses, impacting power supply to multiple states. With regulatory approvals already in place, these agreements are expected to improve viability and help restart operations. The development also had a positive impact on Tata Power's share price.Read more

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Airfloa Rail secures INR 22.91 crore contract from BEML for Chennai Metro Phase II lighting systems

Chennai News Desk

26 Mar 2026

Airfloa Rail Technology has secured an order worth INR 22.91 crore from BEML Ltd for supply works linked to Phase II of the Chennai Metro Rail Limited network. The contract covers design, manufacture, supply, testing and commissioning of lighting systems for metro coaches, along with spares and tools. Execution is scheduled over a 17-month period, with supplies expected to begin later this year. Payment terms include full settlement within 45 days of delivery. The order forms part of ongoing rolling stock and systems procurement for the expanding metro network, which is being developed to enhance urban mobility capacity across Chennai.Read more

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Larsen & Toubro maintains stable operations across West Asia with over 95% project sites functioning amid geopolitical tensions

26 Mar 2026

Larsen & Toubro has reported that more than 95 per cent of its project sites in West Asia continue to operate normally despite escalating geopolitical tensions linked to the ongoing regional conflict. The company, which has a significant exposure to markets such as Saudi Arabia, the UAE and Qatar, indicated that only a small proportion of projects near sensitive zones have been temporarily paused. While operations remain largely stable, the company has flagged emerging risks including supply chain disruptions and rising insurance costs. West Asia continues to account for a substantial share of L&T's international order book, underlining the region's importance to its overall business operations.Read more

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Poor lighting at Mahim beach raises public safety concerns in Mumbai

Mumbai News Desk

26 Mar 2026

Residents and activists in Mumbai have raised concerns over inadequate street lighting at Mahim Beach, especially around the Reti Bunder stretch. Several streetlights in the area are reported to be non-functional, leaving large sections poorly illuminated during evening and night hours. This has led to repeated appeals to civic authorities, including the Brihanmumbai Municipal Corporation, to carry out repairs and improve lighting. The issue highlights gaps in basic urban maintenance that directly affect public safety in frequently visited public spaces.Read more

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PCMC faces INR 143 crore irrigation dues notice with warning of water supply disruption amid dispute over charges

26 Mar 2026

The Pimpri Chinchwad Municipal Corporation (PCMC) has received a notice from the Maharashtra irrigation department demanding payment of INR 143 crore towards pending water charges and penalties linked to alleged excess consumption and inadequate sewage treatment. The department has warned of possible suspension of water supply if dues remain unpaid. Civic officials have contested the demand, stating that the charges include disputed components such as industrial tariffs and penalties. The dispute comes at a time when the city already faces supply constraints, receiving water from Pavana and Andra dams while operating on alternate-day distribution. The issue highlights ongoing tensions between urban local bodies and state agencies over water allocation, billing practices and environmental compliance.Read more

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Telangana introduces new building rules to ease approvals and support real estate activity

25 Mar 2026

The Telangana government has introduced revised building rules aimed at improving real estate development by simplifying construction norms and approval processes. The changes provide greater flexibility in areas such as building height, setbacks, and the use of Transferable Development Rights (TDR). These revisions are intended to help developers make better use of land, particularly in urban locations, and reduce procedural delays. By aligning regulations with current development needs, the state is seeking to encourage more efficient project execution while maintaining basic planning and compliance standards across key urban centres.Read more

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Rudrapur ring road nears completion with trial run planned to ease industrial traffic movement

25 Mar 2026

The 20.5-km four-lane ring road in Rudrapur, Uttarakhand, is nearing completion, with authorities planning a trial run shortly after March 20. The project, estimated at around INR 1,100 crore, has reached approximately 95 per cent completion after nearly four years of construction under the National Highways Authority of India (NHAI). Designed to bypass the city, the corridor will connect National Highway-74 and NH-87 while passing through 12 villages and extending into neighbouring Uttar Pradesh. The road is expected to ease congestion within the industrial city, particularly by enabling heavy vehicles bound for the SIDCUL industrial area to avoid urban routes and reduce waiting times.Read more

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Thane presents INR 6,221 crore budget with focus on infrastructure and services

25 Mar 2026

The Thane Municipal Corporation has presented its INR 6,221.12 crore budget for the 2026-27 financial year, focusing on infrastructure, healthcare, education, and basic civic services while keeping municipal taxes unchanged. Revenue income is estimated at INR 4,078 crore, with the gap to be managed through internal earnings, grants, and borrowings. Key allocations include waste management, water supply, and ward-level facilities. The administration has also highlighted financial discipline, improved transparency, and sustainable development, while targeting completion of major ongoing civic projects by the end of 2026.Read more

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BMC demolishes LT Market shops amid vendor claims of redevelopment push

Mumbai News Desk

25 Mar 2026

Demolition of several shops at LT Market by the Brihanmumbai Municipal Corporation has led to protests from vendors, who allege that the action was linked to a redevelopment proposal supported by a private builder. Traders said they were not given clear communication, consent options, or rehabilitation details before the drive. Civic officials have stated that the structures were unauthorised and part of routine action. The incident has raised concerns about transparency in redevelopment processes and the protection of long-standing small businesses in Mumbai's traditional market areas.Read more

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Mumbai pushes double-decker Sewri–Worli connector as Elphinstone bridge demolition speeds up

Mumbai News Desk

25 Mar 2026

Demolition of the old Elphinstone Road overbridge in Mumbai has progressed further, with Western Railway removing key girders at Prabhadevi station. This work is part of the larger Sewri Worli Elevated Connector project, a 4.5-km double-decker corridor aimed at improving east-west connectivity. While the project is expected to reduce travel time and ease congestion once completed, it has currently led to traffic disruptions in the busy Parel Prabhadevi area. Authorities are continuing phased work while trying to minimise impact on rail and road movement.Read more

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SWAMIH Fund expansion to accelerate stalled housing projects and support distressed homebuyers

25 Mar 2026

The Government of India has announced the expansion of the SWAMIH Investment Fund under Budget 2026-27 with an allocation of INR 15,000 crore to support the completion of stalled housing projects. The initiative aims to provide relief to distressed homebuyers whose investments remain stuck and to improve overall confidence in the housing sector. As of earlier this year, the fund has committed investments across 148 projects and has already delivered over 63,000 homes. The scheme continues to function as a key financing mechanism for stressed residential developments across India.Read more

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Telangana outlines Bharat Future City as 30,000-acre sustainable urban cluster planned for up to 30 lakh residents

25 Mar 2026

The Telangana government has detailed plans for Bharat Future City, a 30,000-acre greenfield urban development near Hyderabad designed to accommodate around 25-30 lakh residents. The project, outlined in the state's recent socio-economic survey, will include a central business district supported by specialised zones such as an AI City, Health City, Education Hub and a large life sciences cluster. Infrastructure proposals include radial road networks, underground utilities, smart grids and connectivity to Machilipatnam port. The development is being positioned as a net-zero, transit-oriented city with integrated public transport and a 15-minute living model. With over 50 per cent green cover and a 15,000-acre reserve forest, the project is intended to combine urban expansion with environmental planning.Read more

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Uttar Pradesh cabinet clears 20 MW floating solar project at Chilua Tal in Gorakhpur

25 Mar 2026

The Uttar Pradesh cabinet has approved the development of a 20 MW floating solar power plant at Chilua Tal in Gorakhpur as part of its ongoing push to expand renewable energy capacity. The project, to be executed by Coal India Ltd, will span around 80 acres of water surface allocated by the district administration. Officials noted that Gorakhpur is being developed as a solar city, following Ayodhya's designation as the state's first solar city. The initiative aligns with broader plans to promote solar energy across multiple municipal corporations in the state.Read more

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